Financial markets may receive a welcome boost this week if the combination of easing Deutsche bank anxieties and rising oil prices bolster investor risk sentiment. Sterling remains pressured by the Brexit anxieties with the GBPUSD sinking to fresh 31 year lows. Dollar sensitivity remains a recurrent theme as expectations over the Fed raising US interest rates to fluctuate. WTI Crude continues to bask in the post-OPEC deal surprise with prices edging higher towards 48.50. • The #EURUSD has breached below 1.1200 and could be pressured to trade towards 1.1120 • The #GBPUSD is under extreme pressure below 1.2800 • #Gold bears challenge the 1305 support
Financial markets may receive a welcome boost this week if the combination of easing Deutsche bank anxieties and rising oil prices bolster investor risk sentiment. Sterling remains pressured by the Brexit anxieties with the GBPUSD sinking to fresh 31 year lows. Dollar sensitivity remains a recurrent theme as expectations over the Fed raising US interest rates to fluctuate. WTI Crude continues to bask in the post-OPEC deal surprise with prices edging higher towards 48.50.
• The #EURUSD has breached below 1.1200 and could be pressured to trade towards 1.1120
• The #GBPUSD is under extreme pressure below 1.2800
• #Gold bears challenge the 1305 support
For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt
Related Posts: